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Historic 7th Avenue Commercial Building 2

Commercial Property in Hendersonville, North Carolina

SOLD!


One of two adjoining buildings for sale on Historic 7th Avenue East in downtown Hendersonville, this fully leased commercial building is ideal for the savvy investor. The property has 1 tenant and includes 2 units with retail and garage/warehouse space. It boasts a convenient location near the downtown shopping district and Four Seasons Boulevard, the main corridor into town from I-26.

The Building | Built around 1946, this building has 2 units and 2 addresses -- 655 A and B 7th Avenue East. One stable tenant currently occupies the units with a total of approximately 5500 square feet (2500 heated). In the front unit, there is a large retail showroom with high ceilings, office space, and a restroom. The back unit, which is accessed by the side alley, is a large garage/warehouse with high ceilings, drive in garage door, and concrete floor. The rubber roof is approximately 13 years old. The property is in the city of Hendersonville, zoning is C2, and acreage is .14mol with street parking and parking along the alley.
The Location | Located on busy 7th Avenue East of Hendersonville, this property is convenient to the primary downtown shopping district on Main Street and the main corridor into town, Four Seasons Boulevard.
The Opportunity | This is the ideal investment for the landlord looking for a fully leased older building with a great rental history. Gross rents will be approximately $12,600 in 2015. The adjoining building is also available for sale - see MLS 578617.
Features | Key features include:
  • Central business district of Hendersonville
  • Building size: 5500 squre feet mol—the garage is not heated, so the heated square footage is approximately 2500
  • Lot: .14 acres
  • Exterior: Brick
  • Heat: forced warm air
  • Utilities: electric, city water, city sewer, natural gas, cable and phone
  • Access: City Street
  • Zoning: C2
  • Parking: Street and alley

MLS | North Carolina Mountains MLS 578613
Price | Reduced from $162,950 to $135,000 SOLD!
Contact | To schedule a private showing, please contact Jim Kirkpatrick, owner/broker

Email Jim

or call Jim at
Office: 828.694.1558
Cell Phone: 828.674.5733